This range is provided by Baker Charles. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
Baker Charles is currently working with a growing owner managed hospitality company to help them hire a CFO. The company is circa £100 million turnover and has ambitious plans to continue the growth of the business in the next 3-5 years.
As CFO, you will work closely with the Executive board to support and help achieve their strategic goals and ensure the financial health and sustainability of the business.
Key Responsibilities:
* Lead the financial strategy for the group, aligning financial goals with the overall business objectives. Provide strategic financial insights and recommendations to the CEO and Board of Directors.
* Oversee all banking relationships and manage refinancing activities. Ensure that the group has access to financial resources and structures to support its growth and operations.
* Lead financial due diligence and analysis for potential acquisitions. Provide financial modelling, forecasting, and strategic input to assess new investment opportunities and growth initiatives.
* Manage the financial aspects of construction projects, including budgeting, forecasting, and financing. Work with stakeholders to secure the necessary funds for new developments and major refurbishments. Oversee and manage the drawdown process for construction financing, ensuring timely access to funds as projects progress.
* Ensure the accuracy, transparency, and compliance of financial reporting. Oversee the preparation of financial statements, management reports, and other key financial documents.
* Maintain and improve the group’s cash flow position and working capital management.
* Lead and mentor the finance team, fostering a culture of collaboration and excellence. Build and develop the skills and capabilities of the finance function to support the growth of the business.
* Serve as the primary point of contact for financial stakeholders, including investors, lenders, and auditors.
* Act as the primary point of contact with auditors and other financial institutions on behalf of the owners. Coordinate the audit process, ensuring accurate financial reporting and compliance with all regulatory requirements. Manage relationships with banks, lenders, and other key financial stakeholders to ensure the group’s financial stability and growth.
Qualifications:
* Fully qualified accountant (ACA, ACCA, CIMA, or equivalent).
* Minimum of 10 years’ experience in a senior financial role, with a proven track record in the hotel or hospitality industry.
* Extensive experience in banking, refinancing, and managing complex financial transactions.
* Strong background in acquisitions, including financial modelling, due diligence, and negotiation.
* Proven experience managing cash flow, working capital, and financial planning for a multi-site hospitality company.
* The client is looking for someone who has experience of working in an owner-managed or SME business who has a flexible and open mindset that will allow them to support projects and initiatives as the company develops. Their head office is based near Watford and would require 4-5 days a week in the office.
Seniority level
Executive
Employment type
Full-time
Job function
Accounting/Auditing, Strategy/Planning, and Finance
Industries
Hospitality, Hotels and Motels, and Construction
#J-18808-Ljbffr